BCH Up, Bitcoin Down, Why?

btc bch

Bitcoin Cash has finally come a bit to life with the currency up some 7% yesterday while bitcoin was down 7%. That’s on somewhat increased volumes for both, with the ratio looking a bit interesting. This is zoomed in quite a lot to just one hour. A longer time-frame would have shown BCH was 10x more valuable against bitcoin just last year. It plunged, as did most other cryptos, while BTC managed to retain its value, hence the ratio dropped some 10x. Now, for BCH and for ETH too, the ratio is rising. The question in everyone’s mind is why? AltSesun That’s probably what everyone is thinking, and one of the narrative towards it seems to have been a revival of a March 2019 Trustnodes article that brings back the scalability debate. Peter Todd argued that as time goes on, there may be a case to be made to cancel…

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